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Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked -- Ignore unavailable to you. Want to Upgrade?

To: Glenn who wrote (35298)	5/3/1999 9:16:00 AM
From: Kedels	Read Replies (3) \| Respond to of 90042

Is anyone else feeling good about NETA at 13? I think this is a steal...Any thoughts?

To: Glenn who wrote (35298)	5/3/1999 9:18:00 AM
From: kathyh	Respond to of 90042

more from abtl... it sure is looking like a good day!! kathy :) Monday May 3, 8:05 am Eastern Time Company Press Release Autobytel.com Launches in U.K. -- Autobytel.co.uk -- and Sweden -- Autobytel.se Autobytel.com's Business Model Favorably Received Internationally IRVINE, Calif.--(BUSINESS WIRE)--May 3, 1999--Autobytel.com (Nasdaq:ABTL - news), the premier Internet car-buying service, has expanded its reach with the launch of Autobytel.co.uk serving the United Kingdom and Autobytel.se serving Sweden. ''Autobytel.com is the recognized leader in online auto buying in North America,'' said Mark Lorimer, president and CEO of autobytel.com inc. ''Our international presence serves to broaden Autobytel.com's brand name and establishes our business model as the leading choice among international online car buyers.'' Autobytel.co.uk celebrated its launch April 30, 1999, and Autobytel.se launched earlier in April. Both sites are being supported by strong marketing and advertising efforts, including online and traditional advertising. Autobytel.com's international efforts include partnering with key companies in each country that have strong relationships in the automotive community, insuring that the Autobytel.com program is implemented with the appropriate cultural awareness level. Autobytel.com partnered with Inchcape plc, the world's largest independent importer and distributor of motor vehicles, for Autobytel.co.uk; while Autobytel.se is a venture with The Bilia Group, one of Europe's leading distributors of vehicles. About autobytel.com inc. Internationally-branded Autobytel.com is the acknowledged leader in online automotive commerce(1). The most comprehensive automotive Internet site, Autobytel.com offers consumers a positive purchasing and ownership experience, while providing its Accredited Dealer Network with the most efficient way to reach online car buyers. As it assists consumers through every aspect of the automotive lifecycle, Autobytel.com provides continuity into the next vehicle purchase. Launched in March 1995, Autobytel.com's low-cost, no-haggle car-buying program is available in the U.S., Canada (www.autobytel.ca), the United Kingdom (www.autobytel.co.uk) and Sweden (www.autobytel.se). In 1999, Autobytel.com was ranked No. 1 in Dealer Satisfaction with Online Buying Services for the second year in a row(2). The statements contained in this press that are not historical facts are forward-looking statements under the federal securities laws. These forward-looking statements are not guarantees of future performance and involve certain risks, uncertainties and assumptions that are difficult to predict. Actual outcomes and results may differ materially from what is expressed in, or implied by, such forward-looking statements. Autobytel.com undertakes no obligation to update publicly any forward-looking statements, whether as a result of new information, future events or otherwise. Among the important factors that could cause Autobytel.com's actual results to differ materially from those expressed in, or implied by, the forward-looking statements are changes in general economic conditions and increased or unexpected competition. (1) As reported by J.D. Power and Associates, Autobytel.com generates nearly as many new-vehicle sales as its two closest competitors combined. (2) J.D. Power and Associates 1998-1999 Dealer Satisfaction With Online Buying Services Studies(SM). 1999 study conducted among dealership Internet specialists who completed 1,024 individual evaluations. -------------------------------------------------------------------------------- Contact: RBI Communications-U.S. Melanie Webber, 323/960-1360 ext. 13 melanie@rbicom.com Cassandra Cavanah, 323/960-1360 ext. 25 cassandra@rbicom.com or GCI Group-Canada Hugh Black, 416/486-7223 (hblack@gcigroup.com) -------------------------------------------------------------------------------- More Quotes and News: Autobytel Com (Nasdaq:ABTL - news) Related News Categories: automobiles, computers, internet, retail, transportation --------------------------------------------------------------------------------